Dodla Dairy's Stock Sees -5.24% Decline, MarketsMOJO Gives 'Hold' Call

Sep 11 2024 11:50 AM IST
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On September 11, 2024, midcap FMCG company Dodla Dairy's stock price declined by -5.24%, underperforming the sector by -6.04%. Despite this, the stock is still trading higher than its moving averages, indicating a positive trend. In comparison to the overall market, Dodla Dairy's stock saw a decline of -5.26%, but has outperformed the Sensex over the past month.

Dodla Dairy, a midcap FMCG company, saw a decline of -5.24% in its stock price on September 11, 2024. The stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on the company's performance.

In terms of price performance, Dodla Dairy underperformed the sector by -6.04% on the day. This could be attributed to the stock falling after two consecutive days of gains. The stock touched an intraday low of Rs 1232.5, a decrease of -5.28%.

However, Dodla Dairy is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the company's stock price.

In comparison to the overall market performance, Dodla Dairy's stock saw a decline of -5.26% on the day, while the Sensex saw a slight increase of 0.09%. Over the past month, Dodla Dairy's stock has outperformed the Sensex with a 5.19% increase compared to the Sensex's 2.87% increase.

Overall, Dodla Dairy's stock performance has been relatively stable, with a slight decline on September 11. Investors may want to keep an eye on the company's future performance to make informed decisions about their investments.
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